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Author Topic: When you started mining BTC, difficulty was...  (Read 2609 times)
Stevenrm87 (OP)
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January 22, 2014, 08:14:07 PM
 #1

Ill go ahead and start: 9 million

Selling fully funded Titan BTC Physical Bitcoins, Gold and SIlver - BTC Physical Bitcoins BTC PM if interested.
kik1977
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January 22, 2014, 08:23:24 PM
 #2

Never mined, the first time I saw Bitcoin difficulty was slightly more than 1 million and I thought it was too difficult Sad

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mtnminer
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January 22, 2014, 08:26:29 PM
 #3

When I first started, it was extremely low as was the price.  I was mining with my GPU (video card) as my new work I7 pc had an excellent video card, but I only did word processing, web design and database work.  So I started mining whit it 24/7 and forgot about it.  I lost those bitcoins to 50BTC as I didn't transfer them out.  They there were work very little, I wish I had them now!

I started back mining two months ago buying ASICs and am still buying and increasing my Hashing power!  I also now transfer out my coins to my wallet!

Mtnminer
helipotte
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January 22, 2014, 09:05:22 PM
 #4

845K.  I thought a the time this was a *absurdly* high difficulty. Roll Eyes

Mining with one Geforce GTS260. Grin
Lauda
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January 22, 2014, 10:45:15 PM
 #5

7-9mil and I thought, wow I'm too late this is already very high... I was mistaken.

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BitcoinBarrel
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January 22, 2014, 10:49:26 PM
 #6

Around 12,000,000 back in May 2013.

You can see what the difficulty was on certain dates at the bottom of:
http://bitcoinwisdom.com/bitcoin/difficulty



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Slavboy
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January 22, 2014, 10:49:42 PM
 #7

30k i had gtx260 and 3 usb eruptors 333mhz.
juggalodarkclow
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January 23, 2014, 03:19:02 AM
 #8

Around 1.8mil, I was mining with a GeForce210

Holm
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January 23, 2014, 05:20:39 AM
 #9

Around 1.8mil, I was mining with a GeForce210

i am understand, that with my video card, l didn't even start )) only need buy Asic miner((
undeadbitcoiner
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January 23, 2014, 05:26:01 AM
 #10

I saw when difficulty was really small or we can say nothing but never gave importance latter on when i started it was growing harder and harder. it was less then 300K

zhitgeist
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January 23, 2014, 10:24:38 PM
 #11

800k or something. Felt high but I managed to mine a coin or two.

I started back mining two months ago buying ASICs and am still buying and increasing my Hashing power!  I also now transfer out my coins to my wallet!

What ASICs did you buy? Wasn't it a bit late to start mining to make a profit?
mufa23
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January 23, 2014, 10:26:27 PM
 #12

What was it towards the end of 2011? Man, i was making a few bitcoins a day with only a few gfx cards...

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January 24, 2014, 04:23:49 AM
 #13

30k.  I started selling everything at 250k and just came back 2 months ago.
bitpop
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January 24, 2014, 04:43:31 AM
 #14

1

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January 26, 2014, 03:10:08 PM
 #15

27K
was selling btc at $30 each. Paid off 1 of my 6990s, then btc went to $1.50 and i stopped.
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January 26, 2014, 07:47:53 PM
 #16

About 1.7 million, but then I saw it drop down to ~1.0 million. I could make several BTC a day with just a few GPUs. Been mining pretty much nonstop for the past 2.5 years.

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jongameson
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January 26, 2014, 09:54:11 PM
 #17

1.  i mined one block of 50 in 9 hours on a Pentium 4 3ghz or 8 core AMD
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January 26, 2014, 10:18:19 PM
 #18

I started august 2012  difficulty was around 2.1 million

Aug 25 2012   2,440,643   11.40%   17,471 GH/s
Aug 12 2012   2,190,866   7.57%   15,683 GH/s


I had about 10gh in gpus in nov of 2012 when diff was .

Nov 12 2012   3,368,767   1.95%   24,115 GH/s


I never came close to roi until coins jumped in price APRIL 2013.  I sold a lot of them between 180-220 usd. I have been ahead of the wave since then.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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.. PLAY NOW ..
bitpop
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January 27, 2014, 01:37:05 AM
 #19

About 1.7 million, but then I saw it drop down to ~1.0 million. I could make several BTC a day with just a few GPUs. Been mining pretty much nonstop for the past 2.5 years.

Wow I never knew Bitcoin ever dropped

crazyates
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January 27, 2014, 02:41:45 AM
 #20

About 1.7 million, but then I saw it drop down to ~1.0 million. I could make several BTC a day with just a few GPUs. Been mining pretty much nonstop for the past 2.5 years.
Wow I never knew Bitcoin ever dropped
Whoever was updating this spreadsheet apparently stopped in August of '13, but it's a great glimpse into the history of Bitcoin.

https://docs.google.com/spreadsheet/ccc?key=0AmcTCtjBoRWUdHVRMHpqWUJValI1RlZiaEtCT1RrQmc#gid=0

And yes, the difficulty has dropped several times. It's even dropped multiple times in a row. You gotta remember: The price had risen to $31, and then crashed to $2. People were abandoning Bitcoin, and we lost almost half of the network. Everyone thought it was a fun little hobby that had run it's course and died. Well, everyone except those of us that believed in it, and kept mining. Wink

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